Other News - 03/16/2010

UK CAA said the country's airports handled 218 million passengers in 2009, a 7.3% decline from the prior year. The drop was the largest single-year decrease for 65 years and marked the first time that traffic fell for two straight years. "Passenger numbers are now back to the level they were six years ago and, although they will certainly rebound, the pace of recovery is uncertain and it could be a number of years before they reach their peak level again," Director-Economic Regulation Harry Bush said.

UK CAA said the country's airports handled 218 million passengers in 2009, a 7.3% decline from the prior year. The drop was the largest single-year decrease for 65 years and marked the first time that traffic fell for two straight years. "Passenger numbers are now back to the level they were six years ago and, although they will certainly rebound, the pace of recovery is uncertain and it could be a number of years before they reach their peak level again," Director-Economic Regulation Harry ...

Settling into his new role as the head of IATA, director general and CEO Alexandre de Juniac has made clear his frustration with government policies that fail to recognize the value of aviation....More

The world’s airlines will continue their streak of collective profitability in 2017, but anticipated higher costs, coupled with a sluggish global economy that lead IATA forecasters to believe next year’s industry net profit will be almost $6 billion lower than 2016’s expected profit....More